PIMCO High Income Fund
PHK
85 hedge funds and large institutions have $47.3M invested in PIMCO High Income Fund in 2018 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 22 increasing their positions, 26 reducing their positions, and 17 closing their positions.
1.69% less ownership
Funds ownership: 6.58% → 4.9% (-1.7%)
3% less funds holding
Funds holding: 88 → 85 (-3)
15% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 26
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
25% less capital invested
Capital invested by funds: $62.9M → $47.3M (-$15.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$5.36M |
| 2 |
Morgan Stanley
New York
|
+$3.06M |
| 3 |
Cohen & Steers
New York
|
+$2.3M |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$937K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$469K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$17.7M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$3.58M |
| 3 |
LCM
Laurion Capital Management
New York
|
-$2.78M |
| 4 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$1.36M |
| 5 |
Squarepoint
New York
|
-$931K |
PHK Hedge Fund Activity: Q1 2018 in Review
85 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in PIMCO High Income Fund (PHK) for Q1 2018, worth a combined $47.3M — down 25% from $62.9M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of PHK and 14 opened new positions — a net loss of 3 holders — while 26 trimmed existing stakes and 22 added.
The largest buyer was Invesco, opening a new position worth an estimated $5.36M. The largest seller was Rivernorth Capital Management, cutting an estimated $17.7M.
- 85 institutional investors held PIMCO High Income Fund (PHK) as of Q1 2018, down from 88 in Q4 2017.
- Funds reported $47.3M of PIMCO High Income Fund stock for Q1 2018, down 25% quarter-over-quarter.
- 14 funds opened new PIMCO High Income Fund positions in Q1 2018 and 17 closed out, a net change of -3 holders.
- The largest PIMCO High Income Fund buyer in Q1 2018 was Invesco, an estimated $5.36M added.
- The largest PIMCO High Income Fund seller in Q1 2018 was Rivernorth Capital Management, an estimated $17.7M sold.
Based on aggregated 13F filings for Q1 2018.